Author: Benjamin Lee
Pi Network users are reporting second migration prompts amid unresolved KYC issues. 276M PI tokens are set to unlock in June, raising sell-off concerns. Currently, Pi Coin trades below $0.66 with bearish technical indicators. The Pi Network is facing renewed tension as community frustration grows over a fresh wave of migration prompts and persistent Know Your Customer (KYC) issues. These developments have surfaced just weeks before a massive PI token unlock, placing additional pressure on the project’s native token, Pi Coin. While the network attempts to revive user engagement through new initiatives like gaming and decentralised apps, the market has…
Cronos defied a sector-wide downtick on Friday after the crypto asset manager Canary Capital filed for a CRO-based exchange-traded fund (ETF). CRO is the native asset of the Cronos layer-1 blockchain, which was developed by the exchange Crypto.com. Canary filed an S-1 Form with the U.S. Securities and Exchange Commission (SEC), proposing an ETF that would offer investors exposure to CRO. If approved, the product would also stake a portion of its CRO holdings to earn rewards. The new S-1 statement represents the latest in a spree of recent ETF filings for Canary, which is also attempting to launch Solana (SOL),…
A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Michaël van de Poppe tells his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the flagship crypto asset will likely soar beyond its current all-time high of about $111,800. “Bitcoin has lost the crucial support level. However, the drop isn’t as severe as we might expect. This means, reclaim of $106,500-$107,000, that would be the party trigger sign for new…
A widely followed crypto analyst says that one Ethereum (ETH)-based altcoin looks ready to skyrocket in the coming months while updating his outlook on Bitcoin (BTC) and Sui (SUI). In a new strategy session, crypto trader Michaël van de Poppe tells his 789,600 followers on the social media platform X that it appears as if the layer-2 scaling solution Arbitrum (ARB) is primed to rise over the next 1-2 months. “The bullish divergence on ARB remains to be valid as it starts to make higher lows and higher highs. One to watch, and as we have this higher timeframe bullish…
A crypto strategist thinks that altcoins are about to upstage Bitcoin (BTC) after years of languishing in the background. Analyst Michaël van de Poppe tells his 789,100 followers on the social media platform X that he thinks the period of altcoin underperformance against Bitcoin is almost over based on the Bitcoin Dominance (BTC.D) chart. The BTC.D chart tracks how much of the crypto market cap belongs to BTC. A bearish BTC.D indicates that altcoins are outperforming Bitcoin. According to Van de Poppe, altcoins are now poised to outpace Bitcoin as the BTC.D chart is flashing a bearish reversal signal on…
A widely followed crypto strategist thinks several fundamental factors are conspiring to send the layer-1 protocol Hyperliquid (HYPE) to much higher valuations. Pseudonymous analyst Flood tells his 255,500 followers on the social media platform X that he’s bullish on the decentralized exchange even after HYPE printed a new all-time high of $39.68 yesterday. According to the analyst, HYPE is “still cheap” when you take into account the platform’s growth trajectory in the decentralized exchange space. “Why do you still get paid on buying HYPE at $39: – Lots of normies unable to buy, these people cannot figure out how to…
A widely followed crypto analyst says that meme asset Dogecoin (DOGE) is facing a crucial turning point while updating his outlook on a handful of other altcoins. In a new thread, crypto trader Ali Martinez tells his 138,500 followers on the social media platform X that resistance around the $0.26 level is key for the dog-themed digital asset. The trader shares a chart suggesting that $0.26 is a price area that appears to be a trend shift level for DOGE. “This level remains the most important resistance wall for Dogecoin.” Source: Ali Martinez/X Dogecoin is trading for $0.22 at time…
Tether chief executive Paolo Ardoino reportedly says that the stablecoin issuer will stay focused on foreign markets as a stablecoin regulatory bill works through Congress. According to a new report by Bloomberg, Ardoino says that even though the Genius Act, an industry-backed bill to regulate dollar-pegged crypto assets in the US, is making its way through Congress, Tether will remain focused overseas. “It is important for us to see how the Genius Act is distinguishing between foreign issuers and domestic issuers. For us, the main interest will remain outside of the US. We are looking at the Genius Act in…
An analyst who has earned the Master Trader rank on the crypto exchange Bybit believes that Ethereum (ETH) is gearing up for new upside bursts. Pseudonymous analyst Bluntz tells his 318,700 followers on the social media platform X that Ethereum appears to be in the midst of a five-wave rally on the four-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave surge before going through a correction. The analyst predicts that Ethereum will still hit his upside target of $3,500 even though President Trump’s latest tariff threats are weighing down…
The decentralized oracle network Chainlink (LINK) continues to dominate crypto’s real-world asset (RWA) sector in terms of development activity, according to the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 532.43 notable GitHub events in the past 30 days. The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Avalanche (AVAX), which clocked 290.87 GitHub events. The peer-to-peer payments project Stellar (XLM) was third, with 240.7. Chainlink has occupied the top spot on Santiment’s list all year, often clocking multiple times the number of GitHub events as the second-ranked…